USD news is not good lately. Also, aud/usd is very over sold on 1D chart with major divergence. momentum on 1hr signifying strong buy. great r:r. Risk 15$ on forex.com on this trade .03 lots 45 pip s/L. price action break of structure of downtrend with false low and breakout up. 115$ take profit. Will add more positions along the way.
Comment:
closed 1/3rd of lot size of trade. Moved stop loss up too .714
Comment:
close trade with 2.5x risk achieved.